BP Reaches Agreement With U.S.

Pact Will Allow Energy Company To Do Business Again With Federal Government

BP PLC and the U.S. Environmental Protection Agency have reached an agreement that will allow the oil and gas company to start doing business again with the federal government.

BP was banned from getting any U.S. government contracts after the 2010 Deepwater Horizon rig explosion and ensuing oil spill in the Gulf of Mexico. That injunction, put in place in late 2012, kept BP from renewing existing fuel contracts with the military,...